Belgium: Totaliser Market 2024

Totaliser Market Size in Belgium

The Belgian totaliser market soared to $X in 2021, with an increase of 89% against the previous year. In general, consumption recorded a significant increase. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the immediate term.

Totaliser Production in Belgium

In value terms, totaliser production plummeted to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a sharp setback. Over the period under review, production attained the maximum level at $X in 2020, and then shrank rapidly in the following year.

Totaliser Exports

Exports from Belgium

In 2021, shipments abroad of continuous and discontinuous totalisers increased by 65% to X units, rising for the fourth consecutive year after two years of decline. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 349% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, totaliser exports contracted sharply to $X in 2021. Over the period under review, exports showed prominent growth. The pace of growth appeared the most rapid in 2014 when exports increased by 1,271%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for totaliser exports from Belgium, with a 60% share of total exports. Moreover, totaliser exports to France exceeded the volume sent to the second major destination, Germany (X units), fourfold. Italy (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +61.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+57.8% per year) and Italy (+317.9% per year).

In value terms, the largest markets for totaliser exported from Belgium were Germany ($X), France ($X) and Cameroon ($X), with a combined 28% share of total exports. Italy, Tunisia, Senegal, Angola and the Netherlands lagged somewhat behind, together comprising a further 8.1%.

Italy, with a CAGR of +148.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average totaliser export price stood at $X per unit in 2021, falling by -51.8% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 230% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Senegal ($X per unit), while the average price for exports to Angola ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (-9.4%), while the prices for the other major destinations experienced a decline.

Totaliser Imports

Imports into Belgium

In 2021, overseas purchases of continuous and discontinuous totalisers increased by 112% to X units, rising for the third consecutive year after two years of decline. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 497%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, totaliser imports rose significantly to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.7% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 86% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of totaliser to Belgium, with a 98% share of total imports. It was followed by Germany (X units), with a 1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +145.2%.

In value terms, China ($X) and Germany ($X) were the largest totaliser suppliers to Belgium.

China, with a CAGR of +144.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2021, the average totaliser import price amounted to $X per unit, dropping by -46.7% against the previous year. In general, the import price recorded a significant contraction. The most prominent rate of growth was recorded in 2015 an increase of 65%. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.1%).

Source: IndexBox Platform

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